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"The Accumulation Distribution Line is an indicator based on a derivative of price and volume. This makes it at least two steps removed from the actual price of the underlying security. Moreover, the Money Flow Multiplier does not take into account prices changes from period to period. As such, it cannot be expected to always affirm price action or successfully predict price reversals with divergences. Sometimes there is a, gasp, disconnect between prices and the indicator. Sometimes the Accumulation Distribution Line simply doesn't work. This is why it vitally important to use the Accumulation Distribution Line, and all indicators for that matter, in conjunction with price/trend analysis or other indicators."
The paint that this sees every day at close manipulates the money flow multiplier positive which in turn artificially pumps up the ADL.
ADL on a stock with
1) relatively low daily volume until the occasional dumps occur and
2) with 8-9 billion AS
is pretty much useless as evidence by the PPS after months of positive ADL.
To simplify it for you, courtesy of stockcharts.com
"The Accumulation Distribution Line is an indicator based on a derivative of price and volume. This makes it at least two steps removed from the actual price of the underlying security. Moreover, the Money Flow Multiplier does not take into account prices changes from period to period. As such, it cannot be expected to always affirm price action or successfully predict price reversals with divergences. Sometimes there is a, gasp, disconnect between prices and the indicator. Sometimes the Accumulation Distribution Line simply doesn't work. This is why it vitally important to use the Accumulation Distribution Line, and all indicators for that matter, in conjunction with price/trend analysis or other indicators."
It could be. But it still creates a surplus of shares.
Econ 101. What happens with a surplus? Price goes down.
Then why wouldn't they do this EVERY DAY and not just 3 days in the last month including today right after a PR?
I concur. Did not even need google for that one.
But like it or not, that's more tradeable shares for joe penny stock buyer which leads to lower PPS which we see now. .0003 .0004 now.
I thought jimblobs short squeeze was happening now?
A dump after a PR. Imagine that. Never seen that before in pink land.
Just saw a promo on SpikeTV for a new show "Coal" from the producers of Deadliest Catch and Ice Road Truckers.
Need to get Cowboy Mining on TV.
Uptick a few times? A billion shares. All that were sold on the 2 big volume days at .0004-.0005 are waiting for the .0006 to sell and make some money.
Like FutureAeroE said, it's stuck in the .0004-.0006 (if it can even sustain 6) until any sign of revenue shows up. So this probably won't move until the uplist and there's no guarantee it moves then if the revenues don't show an uptrend from all of the money being spent on talent.
None of the increased membership numbers matter if nobody is paying.
That's the question. Is there a big market for this? It's expensive and the battery life is poor. While it runs Windows 7, one of the complaints of many of the W7 netbooks was how the screen size was used, so it's going to be amplified with this.
At the end of the day they need the search function to work as a normal search function would
Search for:
first name
last name
user name
It shouldn't return overlapping bogus junk for a first name search using "a".
In the world of stinky pinky CEOs, he isn't even a blip on the radar of despicable full of ship jackasses yet. I'll give it some more time.
LOL.
He should put IDCN stock price on the front page.
"I look forward everyday to reading the posts! Just wonder what PPS our divy's will have come redemption time? Not going to go sign the contract on the retirement home just yet! But, if it happens I'll state I was wrong and eat crow as many others I'm sure. "
I have no problem stating I'm wrong either but have seen the same song and dance with many pinks up to this point. "This one is different" can be found on every pink forum on IHUB.
I will say I have never seen so many "investors" blow off a billion share dump as I have here. 15 million share days and then BAM! and it's MM games and not dilution?
Oh well, I've said my piece here. I'll probably just lay back and hopefully get out without too big of a haircut. Then I can watch my divvy shares do whatever it is they're going to do.
Good luck!
It yielded 1089 2 months ago. And those are members, not paid members.
I've already taken a beating on this POS in the last two months. I would have sold had it hung at .0007, but the huge dump last week killed it and now I'm stuck while this thing will flip at .0004-.0005 for the next year.
There are plenty of shares available for you or anyone else at .0005 so have at it.
That's new members not new paid members. But heck, there weren't many paid members to begin with. I manually went through half of the "a" searches. It wasn't pretty. But you already know that.
No offense but a posting from you because you say you spoke to the CEO means nothing to me. He can put out a PR to answer the dilution question. Then it's in writing and official. Otherwise it's just hearsay.
I'm not sure what "record" regarding the CEO you are talking about. The PPS sits at .0005 and has dropped from .0012 in the last two months. Not much to hang his hat on.
I see no sign of increased revenue base on your own criteria for searching the musicmatrix website to determine paid memberships.
Why should I email a CEO? He's paying 10 programmers isn't he?
Social Networking 101. Don't have a broken search engine.
If a "first name" search using "a" brings up the username "musicking", what good is that?
And FWIW, the search on "a" for first name which is the largest subset of a friends search on musicmatrix yields 1120 results. It yielded 1089 two months ago. Not really blazing on the signing up new members front.
Sure and black helicopters are flying around listening to your conversations.
The company isn't making money from memberships and they have to pay "talent" for exposure, tweets, to use their name, etc. How are they doing that?
So awesome you can't search by username. That's beyond stupid. If the only display of a member is their username, allow a username search.
Are you trying to tell me it was as standard trading week last week when a billion shares got dumped? The company needed money so they sold shares.
Selling a billion shares apparently.
Same industry? I don't even know what industry ENTI is in, and I don't think they do either, judging by the lack of paid membership.
They're either an unpopular online video editing company, poor social network site, or poor online music sales application.
BTW, is MSFT in the same industry as ENTI, or are people negative of ENTI held to a different standard as to what they can post?
But sure, I'll play.
BUNM - Social network, online media (hypster.com), 10B A/S, but way less O/S (last know 2.8B). Compare web traffic at:
http://siteanalytics.compete.com/hypster.com+musicmatrix.com/
You know what they both have in common? Gagged TA and dilution.
We can argue the potential of ENTI all day. It only makes money by selling memberships and using our own assistant mods method of determining paid memberships, I can tell you that that amount is way too low to be considered having potential. Under 500 paid members. Probably closer to 300. There's a reason they just dumped a billion shares to get money to either play with, pay themselves with, or pay artists. Because musicmatrix isn't generating any revenue.
I've been here long enough to realize based on watching the anemic membership "growth" numbers that there isn't much potential there.
ENTI paid for a phone app? Do you really think any user wants to edit a video on a 3 inch screen? I write software for a living and spent 5 years writing Windows CE and Windows Mobile apps. Users do not want to run those type applications on their phones.
Time to catch my train. I'll revisit this more later.
MSFT had 24.7 million O/S upon IPO of which only 3 million were made public. The reason it's got such a high O/S now is because of stock splits. And it's PPS has never plummeted after a split.
Now if you want I can compare ENTI to the 100 other pinkies sitting around with 10 billion OS that are currently sitting at no bid.
Unfortunately, the same guy who is unloading shares.
If you've never seen dilution before, then you can make your ridiculous speculations all you want. The Grammys have nothing to do with anything. ENTI needed money for paying artists, paying themselves, paying for parties, or whatever so they dumped a 700mill shares.
With the poor volume the last few weeks, ENTI could have sold 70K a day for two weeks and kept the PPS up. So much for maintaining investor value.
I'm sure it's just MM manipulation. LOL.
They can uplist by doing nothing except filing with audited financials. Heck, they can still uplist to .0001 if it hits that.
Can we trade a billion?
Buying back with what, fairy dust? Assuming he's had to pay people like artists, programmers, PR firm, etc. the minimal revenue from the few subs isn't covering buying back a half billion shares.
I hear you. I didn't really want to flip this, as timing is always an issue, but I can either sit idle or play the game. Guess I'll play the game.
Not true:
Item 5. Determination of Offering Price.
Furnish the information required by Item 505 of Regulation S-K (§229.505 of this chapter).
http://taft.law.uc.edu/CCL/regS-K/SK505.html
where there is a material disparity between the offering price of the common equity being registered and the market price of outstanding shares of the same class, describe the various factors considered in determining such offering price.
Not to mention that uplist price must be maintained for a week.
.0004 are squarely in flip zone now. People will buy at .0004 and flip at .0005 all day long. Watch.
You can see my thoughts on the R/S here months ago.
R/S is the death of a pink. If he R/Ses even though he promised he wouldn't do you believe anything else he'll say?
R/S go like this in pink land.
Dilute all the way to 10 billion shares all the way to .0001.
R/S 1000/1.
Start diluting again and increasing AS as PPS plummets.
PPS hits .0001 again.
Repeat.
Looks like we'll hit a 1/2 billion dump today. Another big chunk at .0004.
Don't worry. They'll all be worth .02 to .05 when it uplists. LOL.
I've got one of those POS sitting in my account. Got burned and learned a lesson I guess.
Think logic?
So they couldn't just call another guy on a phone or IM them or anything. They have to use a "secret" code? LOL.
It's urban legend.
I have free trades with zecco. MMs are't paying commissions anyway. You're seeing partial fills of larger orders.